Reuters logo
BRIEF-Beijing Capital Development to set up JV and to acquire stake in investment development firm
August 28, 2017 / 9:40 AM / 3 months ago

BRIEF-Beijing Capital Development to set up JV and to acquire stake in investment development firm

Aug 28(Reuters) - Beijing Capital Development Co Ltd

* Says it plans to set up a project JV with partners, in Hainan, and will hold a 30 percent stake in the JV

* Says it plans to set up a real estate JV with partners, and will hold a 20 percent stake in the JV

* Says it will invest in a real estate JV and will increase stake in the JV to 24.5 percent from 16 percent

* Says it plans to sell entire 30 percent stake in a real estate development firm

* Says it plans to acquire 40 percent stake in a Shenzhen-based investment development firm for 400,000 yuan

Source text in Chinese:goo.gl/CQiqF8

Further company coverage: (Beijing Headline News)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below